The Importance of Organizational Environment in the Tech Industry
In today's rapidly evolving technological landscape, the importance of a positive organizational environment cannot be overstated. For companies in the tech industry, where innovation, agility, and collaboration are key, keeping a low turnover is crucial to withstand the operational and financial consequences of a constant learning curve due to constantly substituted people.?
Creating an Attractive Workplace
So, this brings up the main question: What do you need to create a workplace where people feel attracted and want to remain there?
Unfortunately, despite what gurus or experts in the field might say, there are no rock-solid answers to that question. However, it's very important to explore our staff's demographic and ethnographic demands and likeness to create an ad-hoc strategy for attracting (candidates) and retaining (staff) and, thus, maximizing the company results.?
Factors Influencing Employee Retention
In 2021, a regional survey conducted by Employers for Youth, a Chilean company, revealed that the most important factors that impact employees' decision to remain in a company are:
This could be interpreted in the following order:
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Demographics and Preferences
It is well known that the tech industry is mostly represented by millennial (Gen Y) and Centennial (Gen Z) professionals. Their preferences and demands for the company they work for will likely differ greatly from those of other industries and age groups. So, what does it take to create a proper work environment or organizational environment that will drive tech industry professionals’ attention and engage them for a long time??
Here Are a Couple Of Ideas of How We Do It In Designli:
Work environment refers to answering the question, “How does our team feel?” whereas Organizational culture refers to answering the question, “How does our team behave?”
Environment means understanding how the staff perceives the company, and Culture means the compound of traditions, idiosyncrasies, values, etc.?
It's great to understand how people feel, and it is pretty easy to do so by using anonymous surveys to avoid bias and build trust with your team. Using people analytics methods we can use the data gathered to generate insights and ad-hoc strategies to fill any gap found.?
Culture is the base of any company, and the best way to manage it is by crafting a story about the company and defining our corporate why, our mission statement, and our values. Then, this DNA content should be constantly reinforced with the staff in periodical internal communications, live events, daily channels, or any other way.